Russia initiated aggression against Ukraine in 2014. On February 24, 2022, it started a full-scale military invasion to the Ukrainian territory. This brutal war and military crimes of Russian troops caused a humanitarian crisis in Ukraine with thousands civilians killed and millions becoming refuges. As a reaction to this act of aggression, many international companies decided to leave the Russian market, while some others continue doing business there as usual. We track such decisions of companies and urge them to stop funding the war.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Pausing InvestmentsReducing Activities: company scaling back some business operations while continuing others
Scaling BackPause operations: company temporarily curtailing operations while keeping return options open
SuspensionClean Break: the company completely halting Russian engagements or exiting Russia
WithdrawalExit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exit CompletedThe Dubai company ATS Heavy Equipment & Machinery sold the most parts to Russia. More than 700 deliveries worth more than $40 million were made in just one year. The largest number of spare parts for Boeing and Airbus aircraft went to the Aeroflot group, which, in addition to Aeroflot itself, includes the companies "Russia" and "Pobyeda".
The main suppliers of Boeing parts for the Protector, according to Customs, were three companies from the UAE - Trade One Middle East, Desert Sun Supply and Griffon.